5155 Blue Diamond RdLas Vegas, NV 89139

This exceptional investment opportunity presents a 10,000-square-foot, single-tenant net-leased daycare facility in Las Vegas, Nevada. The property, located at 5155 Blue Diamond Road (APN 176-13-801-047), is situated on a 1.14-acre lot and boasts a strong 6.21% cap rate with a Net Operating Income (NOI) of $360,000. The property is 100% occupied by The Learning Experience under a 15-year lease commencing June 1, 2024, and expiring May 31, 2039, with a remaining term of 14.5 years. The asking price is $5,800,000, translating to $580 per square foot. The lease includes 10% rental increases every five years, providing a hedge against inflation. This newly constructed facility benefits from a high-traffic location on Blue Diamond Road (Nevada State Route 160), experiencing over 55,900 vehicles per day. The surrounding area is densely populated, with 323,000 residents within a five-mile radius and a high percentage of households (44%) containing three or more residents. The average household income is $117,837. Nearby retailers include The Habit Burger, Cafe Rio, Wingstop, Burger King, Little Caesars, 7-Eleven, and Albertsons, indicating a strong retail environment. This investment offers a secure, long-term cash flow stream with minimal landlord responsibilities.